Florence Bank

Florence Bank
85 Main Street
Florence, MA 01062

Status: Active
Concentration:Mortgage Lending Specialization
Established:1873-02-14
FDIC Insurance:1981-01-02
FDIC Cert:#23293
Holden By:Florence Bcorp Mhc
Charter Class:Savings banks, state charter, supervised by the FDIC
# of Branches:12, ranked #812
Website:www.florencebank.com
Total Assets:$1,451,182,000, ranked #583
Total Deposits:$1,252,114,000, ranked #561
Total Equity Capital:$157,475,000, ranked #632
Total Domestic Deposits:$1,252,114,000, ranked #559
Net Income:$10,989,000, ranked #870
Quarterly Net Income:$2,897,000, ranked #836
Return on Assets:1%, ranked #1122
Quarterly Return on Assets:1%, ranked #1063
Return on Equity:7%, ranked #3350
Quarterly Return on Equity:7%, ranked #3082

Financial Information (2019-12-31 and Older)